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20121222
20121230
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Search Results 0 to 4 of about 5
CNBC
Dec 26, 2012 3:00pm EST
the vix since back in july, early july, and today we're up 3.7% at 1928. however, look at a one--year chart of the dow comparing it to the vix. what often happens is when the vix peaks as it did in june and july, that can mark a bottom in the stock market so we're starting to move up again. i'm just saying. not trying to forecast anything and here's what happened today at the dow, sort of falling off here in the latter part of the hour but not off. off the lows of the day. down 21 points. material stocks were the strength today. up 1.5%. everybody else was either unchanged or lower. what do you make of the increased volatility or increased fear here, david darst, as we go into the end of the year? >> one of the best charts is the vix being high. it was a time to buy. in chicago that's a famous saying. when the vix is high it's time to buy. >> we high enough yet? >> not yet, not yet. got the fiscal cliff issues which you've talked about a lot here. >> yes, we have. >> jobs coming out on friday. morgan stanley looking for 185,000. basically the housing market, you had the case sch
CNBC
Dec 27, 2012 3:00pm EST
back in yellow black territory, above 20 for the first time since july. which would mean that the market was actually getting sweaty palms here, don't you think? >> yeah. it's getting pretty chaotic. the interesting thing to me is you look at the volume. the volume is extremely low. look at a stock like apple. shares 20 million shares in a day. today half the volume. traded 10 million shares. came out and said the house would meet on sunday. the market rallied to the upside this. reminds me of a different scenario. not going to use the dishwasher one. it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a deal in the offing. he has a point, you know. it's not ov
CNBC
Dec 28, 2012 3:00pm EST
21.29. >> a level we haven't seen since july when the market peaked so a few more people are throwing in the towel as we go into the weekend. >> a pity. so much focus on what people call it noise or headlines, whatever we want to say. we did get positive economic data today, didn't we, in the form of housing data and home sales data and the chick pmi and that's pretty much being ignored and everyone is focusing on what headlines come out of washington. we'll be back with the closing countdown. >> and i'll talk to one trader who has been one of the most positive on the floor expecting a resolution. we'll get his take now. also, after the bell health care stocks have had a pretty good year but what happens under obama care next yore? how to play that sector still ahead. you're washing cnbc, first in business worldwide. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. [ male announcer ] glucerna hunger smart. to the best vacation sp(all) the gulf! it
CNBC
Dec 27, 2012 4:00pm EST
the vote back on july the 25th the democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to th
FOX Business
Dec 27, 2012 3:00pm EST
levels since july, and as one trader just pointed out, we were 80 points lower in the s&p 500 the last time we were at these levels in the vix, so things aren't exactly matching up, and his call would be to short the vix at these levels because it's certainly high for where the market is right now. back to you. ashley: you're absolutely right. sandra smith at the cme thank you. we have juss turned positive, literally just above the water mark, now we have just gone below. you think about it, we were down 148 points. so as sandra says, maybe someone knows something about that meeting on sunday. who knows. but certainly the market reacting. the closing bell ringing in about 16, 18 minutes, somewhere in there. let's call it 17. he made the right call on bank of america when everybody else was saying dump it. founder of new generation research told clients to buy that troubled bank at the end of last year when no one else wanted in. b of a, guess what, has more than doubled since then. now, he's found another treasure in the trash, it's hewlett-packard. find out why hp could make a bi
Search Results 0 to 4 of about 5